The Henley Group, Inc. (HNLY) undervalued growth company Message Board

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Microcap & Penny Stocks : The Henley Group, Inc. (HNLY) undervalued growth company

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To: tnnm who wrote (887)	3/13/1998 8:47:00 PM
From: hoffy	Read Replies (5) of 2232

If you are looking to sell this stock Monday should present a great opportunity. I get a letter from a group of penny investors who try to manipulate penny stock prices to make money. There is a few hundred in the group and they pick one stock to buy early in the morning to start the price going. Then as others see the price going higher and try to jump in on the excitement, they ride the price up and then sell either later that day or the next, hopefully at a profit. This strategy can work for a few who get in early and also get out before the price drops. But most of the stocks they have played with end up lower than it started within 3-4 days out. Anyway HNLY is their pick for Monday. I would look to sell somewhere around noon after the big buying has driven the price up. If it starts to drop get out quick because all of their members will sell quick and the price usually drops hard and fast. FYI, I do not own this stock now but just wanted to share my experience with this group of investors. Here's their letter to me ===================================================== Date: 98-03-13 15:29:18 EST From: Klaw97 BCC: JandJtwins We did HNLY about 3 weeks ago. Last time we said don't buy until 10:30 and not to my surprise people bought at 9:30 to get a jump. That's why we send picks out at 10:00 now. All of us buys at 10:00. As soon as I press the send mail button I place my order. This time we will not have a set time all we ask is no pre-market open orders. The profit takers are gone and it's back where it started from. We did the same thing with NETZ this Monday .39 to .80 . We can move HNLY .33 to .85 on Monday

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